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Dana Point Real Estate Market Trends, October 22, 2007

By
Real Estate Broker/Owner with ThinkFree Realty

Bob Coan -ThinkFree RealtyHome Inventory Dana Point, CA - Here is the most Up To Date Market Trends for Dana Point. Each week we take a snapshot of the market. This Altos Research Real-time Market Profile(TM) is the most up-to date market information available. The Profile shows you not only pricing and market numbers, but also trends in those numbers.


THIS WEEK
The median single family home price in DANA POINT this week is $1225000.

Dana Point Real-Time Market Profile

Demand measured by the Market Action Index is increasing and dayson-market is holding steady. With more properties coming available, conditions are mildly positive.

PRICE
The market appears to be hovering  around this plateau. This week prices eased down a bit. The Market Action Index is a good leading indicator for the durability of this shift.

Dana Point Median Price

SUPPLY AND DEMAND
Local conditions are currently quite strongly in the Buyer's Market zone (below 30). The 90-day Market Action Index stands at 16. With several months of inventory available at the current sales rate, buyers should find ample choice.

Dana Point Market Action Index
QUARTILES
Investigate the market in quartiles-where each quartile is 25% of the homes

Dana Point Characteristics per Quartile

Quartile 1 is Most expensive 25% of homes

Quartile 2 is Upper-middle 25% of homes

Quartile 3 is Lower-middle 25% of homes

Quartile 4 is Least expensive 25% of homes

Dana Point Market Trend Reports - ThinkFree Realty


Here are some FREE Real Estate Tools for Dana Point Home Buyers and Sellers

1) Request a Free 12 Page Market Trends Report for Dana Point

2) Homes for sale in Dana Point

3) Find Out How Much Your Home is Worth

4) Search for Neighborhoods similar to Dana Point

5) Request a Home Tour in Dana Point

6) Search Local MLS, market data, featured listings in Dana Point

7) Relocation resources

8) First time buyer resources

 

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